Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(GLENMARK) Glenmark Pharmaceuticals complete technical analysis [charts+indicators] | Buy/Sell Glenmark Pharmaceuticals | (GLENMARK) share price targets

Complete technical analysis of Glenmark Pharmaceuticals (GLENMARK) by charts plus indicators, forecast predictions and share price targets for Glenmark Pharmaceuticals (GLENMARK)

Glenmark Pharmaceuticals trades in NSE in Pharmaceuticals sector.

Showing technical analysis as on 2024-12-06 View latest technical analysis

10 day averaged volume of Glenmark Pharmaceuticals is 450517

Date	Daily Closing Price	Open	High	Low	Volume
06 Fri Dec 2024	1528.10	1544.65	1557.90	1521.75	1.345 times
05 Thu Dec 2024	1544.65	1547.70	1552.00	1512.30	1.299 times
04 Wed Dec 2024	1548.65	1563.00	1563.80	1543.00	0.774 times
03 Tue Dec 2024	1559.40	1550.00	1568.80	1540.00	0.566 times
02 Mon Dec 2024	1547.55	1528.10	1564.50	1519.95	1.354 times
29 Fri Nov 2024	1528.65	1500.00	1531.50	1495.85	0.645 times
28 Thu Nov 2024	1495.15	1524.00	1533.85	1491.80	0.479 times
27 Wed Nov 2024	1522.60	1525.00	1532.45	1507.55	0.739 times
26 Tue Nov 2024	1521.45	1492.50	1533.00	1491.10	1.182 times
25 Mon Nov 2024	1490.40	1478.10	1524.00	1478.10	1.813 times

My analysis of stock is bearish for shortterm, and stock might move down till 1485.9 or till 1420. Use a stoploss of 1540.89 and if the stock hits stoploss, then it can shoot up till 1595.84

Share price targets for Glenmark Pharmaceuticals (GLENMARK)

Target Type	Value
Downside Target	1406.40
Downside Target	1451.00
Downside Target	1512.30
Upside Target	1568.80
Upside Target	1628.10
Upside Target	1644.10
Upside Target	1684.45
Upside Target	1750.00
Upside Target	1769.60
Upside Target	1776.75
Upside Target	1830.95

Intraday share price targets for Glenmark Pharmaceuticals (GLENMARK)

Target Type	Value
Downside Intraday Target	1504
Downside Intraday Target	1479.9
Upside Intraday Target	1560.5
Upside Intraday Target	1592.9
Upside Intraday Target	1536.4

Weekly technical analysis of Glenmark Pharmaceuticals (GLENMARK)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Fri Dec 2024	1528.10	1528.10	1568.80	1512.30	1.099 times
29 Fri Nov 2024	1528.65	1478.10	1533.85	1478.10	0.703 times
22 Fri Nov 2024	1478.20	1550.00	1597.05	1451.00	1.035 times
14 Thu Nov 2024	1533.70	1655.00	1684.45	1475.00	0.701 times
08 Fri Nov 2024	1666.50	1694.95	1776.75	1644.10	1.733 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Glenmark Pharmaceuticals (GLENMARK)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Fri Dec 2024	1528.10	1528.10	1568.80	1512.30	0.19 times
29 Fri Nov 2024	1528.65	1694.55	1776.75	1451.00	0.839 times
31 Thu Oct 2024	1694.55	1673.00	1830.95	1628.10	0.588 times
30 Mon Sep 2024	1673.50	1737.90	1769.60	1610.00	1.032 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Glenmark Pharmaceuticals (GLENMARK)

Price action analysis of Glenmark Pharmaceuticals ( (GLENMARK) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Glenmark Pharmaceuticals ( (GLENMARK) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Glenmark Pharmaceuticals ( (GLENMARK) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Glenmark Pharmaceuticals ( (GLENMARK) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Glenmark Pharmaceuticals stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Glenmark Pharmaceuticals in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Glenmark Pharmaceuticals Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Glenmark Pharmaceuticals in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Glenmark Pharmaceuticals is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1526.7 and Glenmark Pharmaceuticals (GLENMARK) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Glenmark Pharmaceuticals (GLENMARK) stock. Volume based technical analysis of Glenmark Pharmaceuticals (GLENMARK) stock is negative.

Glenmark Pharmaceuticals Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.